Investor Opportunity! Don't miss this income-producing duplex in Lubbock offering immediate cash flow and future upside. One unit is currently leased, while the second unit is in the turnover process, providing an excellent opportunity to place a new tenant at market rent. The property features updated interiors completed prior to the current owner's purchase, including refreshed paint, vinyl flooring, updated cabinetry, and remodeled bathrooms. Whether you're looking to expand your portfolio or purchase your first investment property, this duplex offers strong rental potential in an established neighborhood. Conveniently located with easy access to schools, shopping, and major roadways. Contact the listing agent for additional information, current lease details, and to schedule a private showing.
For sale
Price cut: $10K (8/6)
$130,000
529 42nd St, Lubbock, TX 79404
4beds
1,488sqft
Multi Family
Built in 1954
-- sqft lot
$126,400 Zestimate®
$87/sqft
$-- HOA
What's special
Refreshed paintRemodeled bathroomsUpdated cabinetryVinyl flooringUpdated interiors
- 19 days |
- 66 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Paul Zapata TREC #0852934 806-891-0049,
Thrive Real Estate,
Lynna Zapata TREC #0796052 806-893-4511,
Thrive Real Estate
Source: LBMLS,MLS#: 202610491
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Wall Furnace
Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
Appliances
- Laundry: In Unit
Features
- Flooring: Vinyl
Interior area
- Total structure area: 1,488
- Total interior livable area: 1,488 sqft
- Finished area above ground: 1,488
Property
Parking
- Total spaces: 2
- Parking features: Attached Carport, Carport
- Carport spaces: 2
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: R105411
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Unknown
- Foundation: Slab
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1954
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Lubbock
Financial & listing details
- Price per square foot: $87/sqft
- Tax assessed value: $102,553
- Annual tax amount: $1,815
- Date on market: 7/29/2026
- Cumulative days on market: 20 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$126,400
$120,000 - $133,000
$793/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Price change | $130,000-7.1%$87/sqft |
Source:  LBMLS #202610491 Report a problem | ||
| 7/29/2026 | Listed for sale | $140,000+27.4%$94/sqft |
Source: LBMLS #202610491 Report a problem | ||
| 12/6/2025 | Listing removed | $695 |
Source: LBMLS #202563443 Report a problem | ||
| 11/24/2025 | Listed for rent | $695 |
Source: LBMLS #202563443 Report a problem | ||
| 4/14/2025 | Sold | -- |
Source: LBMLS #202416508 Report a problem | ||
| 3/11/2025 | Pending sale | $109,900$74/sqft |
Source: LBMLS #202416508 Report a problem | ||
| 12/4/2024 | Listed for sale | $109,900$74/sqft |
Source: LBMLS #202416508 Report a problem | ||
| 8/17/2024 | Listing removed | $109,900$74/sqft |
Source: LBMLS #202406703 Report a problem | ||
| 8/13/2024 | Price change | $109,900-4.4%$74/sqft |
Source: LBMLS #202406703 Report a problem | ||
| 6/17/2024 | Listed for sale | $115,000$77/sqft |
Source: LBMLS #202406703 Report a problem | ||
| 6/5/2024 | Pending sale | $115,000$77/sqft |
Source: LBMLS #202406703 Report a problem | ||
| 5/10/2024 | Listed for sale | $115,000+21.1%$77/sqft |
Source: LBMLS #202406703 Report a problem | ||
| 10/11/2023 | Sold | -- |
Source: LBMLS #202308092 Report a problem | ||
| 7/3/2023 | Pending sale | $95,000$64/sqft |
Source: LBMLS #202308092 Report a problem | ||
| 6/20/2023 | Listed for sale | $95,000$64/sqft |
Source: LBMLS #202308092 Report a problem | ||
| 9/21/2006 | Sold | -- |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,815 +2.7% | $102,553 +5.4% |
| 2024 | $1,767 +41.4% | $97,301 +44.7% |
| 2023 | $1,250 -7.6% | $67,233 +0.6% |
| 2022 | $1,353 +73.7% | $66,844 +82.5% |
| 2021 | $779 -0.7% | $36,628 |
| 2020 | $784 -1.5% | $36,628 |
| 2019 | $796 -6.8% | $36,628 -32.2% |
| 2018 | $855 | $54,059 +17.6% |
| 2017 | $855 +10.6% | $45,966 +32.4% |
| 2016 | $772 | $34,724 0% |
| 2015 | $772 | $34,737 |
| 2014 | $772 | $34,737 |
| 2013 | -- | $34,737 |
| 2012 | -- | $34,737 |
| 2011 | -- | $34,737 |
| 2010 | -- | $34,737 |
| 2009 | -- | $34,737 |
| 2008 | -- | $34,737 +37.4% |
| 2007 | -- | $25,280 |
| 2006 | -- | $25,280 |
| 2005 | -- | $25,280 -27.8% |
| 2004 | -- | $34,990 0% |
| 2003 | -- | $34,999 +59.5% |
| 2002 | $544 +0.2% | $21,939 |
| 2001 | $543 +0.7% | $21,939 |
| 2000 | $539 | $21,939 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Harwell
Nearby schools
GreatSchools rating
- 4/10Harwell Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 2/10Dunbar College Preparatory AcademyGrades: 6-8Distance: 1.9 mi
- 2/10Estacado High SchoolGrades: 9-12Distance: 3.9 mi
- $73,6002 bd1 ba744 sqft529 42nd St #B, Lubbock, TX 79404Off Market
- $--2 bd1 ba744 sqft529 42nd St APT A, Lubbock, TX 79404Off Market
- $--4 bd2 ba1.4k sqft531 42nd St, Lubbock, TX 79404Sold
- $109,1002 bd1 ba750 sqft531 42nd St APT B, Lubbock, TX 79404Off Market
- $109,1002 bd1 ba750 sqft531 42nd St APT A, Lubbock, TX 79404Off Market
- $112,1004 bd2 ba1.4k sqft527 42nd St, Lubbock, TX 79404Off Market
- $108,8002 bd1 ba828 sqft527 42nd St APT A, Lubbock, TX 79404Off Market
- $--2 bd1 ba744 sqft527 42nd St #B, Lubbock, TX 79404Sold
A local agent can set up tours, give advice and negotiate with sellers.
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